Decentralized Prosumer-Centric P2P Electricity Market Coordination with Grid Security
Abstract
:1. Introduction
2. Methodology
2.1. Prosumer Simulation
2.2. Peer-to-Peer Market Coordination Model
2.3. The MBED Formulation
2.4. The Relaxed Consensus and Innovations Algorithm
2.5. Safety Operation of the Grid
2.6. Limitations and Validation
3. Results
4. Conclusions
4.1. Findings
4.2. Future Work
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Abbreviations
ANM | Active Network Management |
BESS | Battery Energy Storage System |
DER | Distributed Energy Resources |
EGrid | External Grid Agent |
FPP | Federated Power Plant |
MBED | Multi-Bilateral Economic Dispatch |
OPF | Optimal Power Flow |
P2P | Peer-to-Peer |
PV | Photovoltaic |
RCI | Relaxed Consensus + Innovations |
SOC | State of Charge |
VPP | Virtual Power Plant |
Appendix A
Appendix B
Appendix C
Component | Value |
---|---|
CPU | Ryzen 5 3600 4.2 GHz 35 MB cache |
Memory | Crucial Ballistix Sport LT 16 GB (2 × 8 GB) 3000 MHz DDR4 |
Power supply | Corsair RM850 |
Motherboard | ASRock Socket AM4 m-ATX B450M PRO4 |
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Bus | a | b | Installed_pv (kW) | Battery_Capacity (kWh) | Initial_SOC (%) |
---|---|---|---|---|---|
Ext grid | 0.06 | 35 | - | - | - |
Bus LV0 | 0.05 | 25 | 9.9 | 3 | 30 |
Bus LV1.1 | 0.05 | 25 | 5.1 | 2 | 30 |
Bus LV1.2 | 0.04 | 25 | 5.1 | 2 | 30 |
Bus LV1.3 | 0.05 | 25 | 3 | 1 | 30 |
Bus LV1.4 | 0.05 | 25 | 13.8 | 4 | 30 |
Bus LV1.5 | 0.05 | 25 | 13.8 | 4 | 30 |
Bus LV2.1 | 0.05 | 25 | 2.1 | 1 | 30 |
Bus LV2.2 | 0.05 | 25 | 3 | 1 | 30 |
Bus LV2.3 | 0.05 | 25 | 4.8 | 2 | 30 |
Bus LV2.4 | 0.05 | 25 | 8.7 | 3 | 30 |
Bus LV2.2.1 | 0.05 | 25 | 8.1 | 3 | 30 |
Bus LV2.2.2 | 0.05 | 25 | 9.9 | 3 | 30 |
RCI Model Parameter | Value |
---|---|
0.001 | |
0.01 |
Description | Value | Unit |
---|---|---|
Run Time | 7.6 | min |
n° of RCI problems solved | 1452 | - |
n° of RCI with >1 iteration, i | 581 | - |
Average n° of RCI iterations for RCI with >1 iteration | 250.3 | - |
Median of RCI iteration for RCI with >1 iteration | 40 | - |
Average time per RCI solution | 0.31 | sec |
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Kazacos Winter, D.; Khatri, R.; Schmidt, M. Decentralized Prosumer-Centric P2P Electricity Market Coordination with Grid Security. Energies 2021, 14, 4665. https://doi.org/10.3390/en14154665
Kazacos Winter D, Khatri R, Schmidt M. Decentralized Prosumer-Centric P2P Electricity Market Coordination with Grid Security. Energies. 2021; 14(15):4665. https://doi.org/10.3390/en14154665
Chicago/Turabian StyleKazacos Winter, Duarte, Rahul Khatri, and Michael Schmidt. 2021. "Decentralized Prosumer-Centric P2P Electricity Market Coordination with Grid Security" Energies 14, no. 15: 4665. https://doi.org/10.3390/en14154665